Active ID: 112304671 Centro Tradicional

Studio for sale in Centro Tradicional

1 Bath • 35 m² • Floor 1

€195,000

AI Analyst
Long-term Rental

"Fully renovated, turnkey studio in Alicante’s prime Centro Tradicional, offering immediate rental income potential and strong tenant appeal due to its location, modern finish, and building amenities including concierge and elevator."

Negotiation Leverage Balanced
Value Add None - Turnkey
Pros
  • Prime city center location with high rental demand
  • Fully renovated and furnished, minimizing upfront capex
  • Concierge and elevator add security and tenant appeal
Cons
  • Small unit size (35m²) limits tenant pool and resale options
  • No terrace or outdoor space, reducing lifestyle appeal
  • Studio format may face higher vacancy risk in downturns
Description

Welcome to this magnificent studio apartment in the heart of Alicante. The property has been completely renovated and features a bedroom and living area, with a small kitchen separated from the main space by a small partition wall that divides the two areas. The bathroom is spacious and includes a dedicated area for the washing machine, as well as a water heater located in a concealed space. This fully exterior-facing studio is located on the most sought-after street in Alicante. The property will be delivered fully furnished and equipped, making it ready to move into or an excellent investment opportunity with the potential for high returns. Unlike many other buildings, this one has a concierge, providing an additional level of security and control over people entering and leaving the building. Don't hesitate to contact us. Opportunities like this don't come along every day.

Features
Elevator
Air Conditioning
Exterior
Investment Summary
Purchase Price €195,000
Taxes (ITP 10%) + €19,500
Notary Fees + €1,638
Registry Fees + €624
Gestoría Fees + €585
Valuation + Other + €339

Total Investment €217,686
Est. Monthly Rent €889/mo
Est. Annual Rent €10,672/yr

Est. Yield 4.9%
Days on Market
4
First seen
2026-08-23
View on Idealista